Alok Industries, a prominent textile company based in Mumbai, India, is owned by Reliance Industries. The company specializes in textile manufacturing, including mending and packing activities. Recently, Alok Industries has witnessed a significant surge in its share price. As investors seek to predict the future trajectory of Alok Industries’ share price, foresight for the years 2023, 2024, 2025, 2027, and 2030 becomes crucial.
Background:
In 1995, Alok Industries’ starting share price was ₹51.64. This article explores the share price targets for Alok Industries in the coming years, helping investors decide whether to invest in Alok Industries shares.
Alok Industries Latest News
- December 2023: Alok Industries’ standalone net sales were ₹1,217.20 crore, down 26.42% year-over-year.
- Stock Surge: Alok Industries’ stock soared 20% after Reliance Industries invested ₹3,300 crore through preferential shares.
- Facility Agreement: Alok Industries gained on securing a ₹1,750 crore facility agreement with SBI.
- NCD Issue: The stock surged 7% after the board approved a ₹3,300 crore NCD issue to Reliance Industries.
Alok Industries Share Price Target 2025
| Date | Alok Industries Target (₹) | MoM Change (%) |
|---|---|---|
| 2025-Jan | ₹53.94 | – |
| 2025-Feb | ₹51.15 | -5.18% |
| 2025-Mar | ₹56.00 | 9.48% |
| 2025-Apr | ₹58.36 | 4.21% |
| 2025-May | ₹67.67 | 15.95% |
| 2025-Jun | ₹61.94 | -8.47% |
| 2025-Jul | ₹63.19 | 2.01% |
| 2025-Aug | ₹65.25 | 3.26% |
| 2025-Sep | ₹69.45 | 6.43% |
| 2025-Oct | ₹68.79 | -0.96% |
| 2025-Nov | ₹73.68 | 7.10% |
| 2025-Dec | ₹71.48 | -2.99% |
Alok Industries Share Price Target 2030
| Date | Alok Industries Target (₹) | MoM Change (%) |
|---|---|---|
| 2030-Jan | ₹173.65 | – |
| 2030-Feb | ₹160.64 | -7.5% |
| 2030-Mar | ₹171.72 | 6.89% |
| 2030-Apr | ₹174.96 | 1.88% |
| 2030-May | ₹198.50 | 13.45% |
| 2030-Jun | ₹177.97 | -10.35% |
| 2030-Jul | ₹177.98 | 0% |
| 2030-Aug | ₹180.30 | 1.3% |
| 2030-Sep | ₹188.39 | 4.48% |
| 2030-Oct | ₹183.33 | -2.69% |
| 2030-Nov | ₹193.07 | 5.31% |
| 2030-Dec | ₹184.25 | -4.57% |
Alok Industries Share Price Target from 2024 to 2030
| Year | Alok Industries Target (₹) | YoY Change (%) |
|---|---|---|
| 2024 | ₹29.90 | [Current Price] |
| 2024 | ₹47.59 | 59.16% |
| 2025 | ₹71.48 | 50.19% |
| 2026 | ₹99.18 | 38.75% |
| 2027 | ₹119.95 | 20.94% |
| 2028 | ₹142.79 | 19.04% |
| 2029 | ₹157.28 | 10.14% |
| 2030 | ₹184.25 | 17.14% |
Alok Industries Shareholding Patterns
- Promoters: 75%
- FII: 2.2%
- DII: 0.4%
- Public: 22.4%
- Others: 0%
Alok Industries Competitors
- Page Industries (Market Cap: ₹40,153.22 crore)
- KPR Mill (Market Cap: ₹25,123.33 crore)
- Trident (Market Cap: ₹21,504.93 crore)
- Swan Energy (Market Cap: ₹18,525.65 crore)
- Welspun Living (Market Cap: ₹14,601.82 crore)
Conclusion
Alok Industries’ share price predictions for 2023, 2024, 2025, 2027, and 2030 highlight the company’s potential for value creation and capital appreciation. As investors navigate the dynamic landscape of the textile industry, Alok Industries emerges as an entity poised for sustainable growth and shareholder returns. However, it is crucial for investors to conduct thorough due diligence, evaluate risk factors, and monitor the company’s performance to make informed investment decisions aligned with their financial objectives.
FAQ
- What is Alok Industries’ share price target for 2025?
The primary target for Alok Industries in 2025 is expected to be ₹55.72. - Who is the CEO of Alok Industries Ltd?
Ram Rakesh Gaur is the CEO of Alok Industries Ltd. - Which brands are under Alok Industries?
Erba for handkerchiefs and Lord Nelson for premium shirting are the two brands under Alok Industries. - What is the target of Alok Industries in 2024?
Alok Industries Ltd hopes for strong growth with a primary target of ₹34.26.
